NUPRC, NNPC’s Crude Oil Theft Figures Outrageous, Impractical – Navy

How Chief Of Naval Staff punctured 400.000 barrels daily loss figures by oil minister, others   There is a significant miscalculation in determining how much Nigeria is losing in terms of oil theft because oil losses due to other factors are often lumped together as theft, the Chief of the Naval Staff, Vice Admiral Awwal Gambo, has disclosed. This is a puncture on the figures given by Nigerian Upstream Regulatory Commission( NUPRC) and the Nigerian National Petroleum Company (NNPC) Limited may not be correct. The Naval Chief, Vice Admiral Awwal…

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EXCLUSIVE: Buhari Declines Ministerial Consent For ExxonMobil $1.6bn Assets’ Sale To Seplat

. NUPRC Confirms Platforms Africa Exclusive, writes ExxonMobil to veto deals + word-for-word content of the letter . Real reason Buhari declined Ministerial Consent, ordered all parties in the transaction to revert status quo . The NNPC right of first refusal that made the deal to hit the rock . How Platforms Africa broke news in a world-class exclusive over two months ago   Nigeria’s President Muhammadu Buhari has declined Ministerial consent for ExxonMobil’s $1.6bn assets’ sale to Seplat, Platforms Africa reports authoritatively. Buhari, the substantive minister of Petroleum Resources,…

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